RL RALPH LAUREN CORP

Overview and Growth

Fiscal 2026 results for RALPH LAUREN CORP combined $8.11B of revenue with net income of $941.10M and an operating cash inflow of $1.15B. Revenue of $8.11B sets the scale for evaluating how effectively sales translated into profit and cash during the year. The top line expanded 14.6% from $7.08B in fiscal 2025, increasing the company’s operating scale. On a per-share basis, diluted EPS was $15.11, which connects the reported earnings outcome with the company’s diluted share count. The per-share result recorded a 30.1% increase from fiscal 2025 diluted EPS of $11.61. The revenue-to-assets relationship was 1.05x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

After reported cost of revenue, the company retained $5.67B as gross profit before recognizing operating expenses and other items. Gross profit represented 69.9% of revenue, showing how much of the top line remained after direct costs. The reported operating result was $1.18B, capturing profitability after direct costs and the operating expenses reflected in the statements. Operating margin measured 14.5%, showing the portion of revenue preserved after the full set of operating costs. Net income came to $941.10M, completing the progression from revenue through gross and operating profitability to the final reported result. Net margin was 11.6%, meaning that this portion of revenue remained as net income after all recognized expenses. Before income taxes, the company reported $1.18B of earnings, providing a bridge between the operating result and final net income. Pretax income represented 14.5% of revenue, placing earnings before tax in the context of the company’s operating scale. The company recognized $236.60M of income tax for the period, completing the transition from pretax income to net income. The income-tax provision equaled 20.1% of pretax income, showing the tax burden absorbed by the year’s earnings. The relationship between net income and period-end equity was 33.1%, indicating the profitability achieved on book capital. Return on period-end assets was 12.2%, connecting net income with the company’s total asset base.

Liquidity and Capital Structure

The company held $7.74B of assets against $4.90B of liabilities and $2.84B of equity, revealing how the asset base was financed. At period end, current assets of $3.89B compared with current liabilities of $1.83B, defining the company’s short-term resource position. At 2.13x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Reported cash and equivalents were $1.99B, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 108.8%, excluding receivables and other current assets. Borrowings totaled $1.24B, adding a fixed financing obligation alongside the company’s equity capital. The debt-to-equity relationship was 0.44x, showing how much debt the company carried for each unit of book equity. Relative to total assets, debt measured 16.0%, showing how much of the asset base was matched by borrowing. Relative to total assets, liabilities measured 63.3%, complementing the separate equity-based view of the company’s capital structure. Measured against total assets, cash and equivalents represented 25.7%, a balance-sheet composition measure rather than a liquidity forecast. Compared with $7.05B in fiscal 2025, the current asset base moved 9.8% and finished higher. Against $2.59B of equity in fiscal 2025, the current book-equity balance moved 9.8% and ended higher.

Cash Flow and Earnings Quality

Cash flow from operations was $1.15B, a reported cash inflow that can be compared directly with net income and capital spending. Operating cash flow equaled 1.23x of net income, showing how strongly accounting earnings converted into cash from operations.

Based on the annual report for the fiscal year ending Mar 28, 2026. Analysis generated Oct 21, 2026.